DAMAC Properties’ Founder and Chairman – Hussain Sajwani

DAMAC Properties’ Founder and Chairman – Hussain Sajwani

Hussain Sajwani is a Dubai-based real estate entrepreneur born in 1956. He is the founder and the chair of DAMAC Properties, headquartered in Dubai, UAE. At the age of 3, he started helping his father out at a watch shop in Deira district. He was nearly discouraged from being part of the Hussain Sajwani family business due to the unfavorable conditions at his father’s shop. Nevertheless, his corporate and enterprise interest was momentarily afterwards enthused attributable to the drive, diligence, and excellent business skills of his father.

 

Education and Career Achievement

Sajwani, is a Bachelor of Science degree graduate in Economics and Industrial Engineering from Washington University. His first work was as a contracts manager for GASCO, an Abu Dhabi National Oil Company’s subordinate. Shortly afterwards, he initiated his own business, establishing Cuisine Project in 1982. The catering business kept on intensifying into a market leader serving 150,000 and above meals daily and running more than 20 projects in the Middle East, Africa and CIS bazaars. Manpower supply, camp maintenance and management is also part the of supplementary service provision that catering sector majors in.

 

In the year 2002, Dubai government passed a decree allowed owning of properties by foreigners. Mr. Sajwani saw an opportunity in the market, which resulted to the launching of DAMAC Properties. It is among the top companies in property development in the Middle East.

 

Expertise and Professional Conglomerate

DAMAC Properties deals in the construction of residential, commercial, and leisure properties as well as investing in real estate facilities in Dubai and the Middle East. Mr. Sajwani is highly acquainted with marketing, sales, finance, and administration skills in property development. This is evidenced by the company’s success in multiple modern projects in the world’s major cities like Dubai, Doha, Amman, Abu Dhabi, Jeddah, Riyadh, Beirut as well as London.

 

In 2013, the company partnered with Donald Trump to develop 2 golf courses that are Trump-branded. At Damac’s Akoya residential development, February 2017, in Dubai, the Trump International Golf Course was opened. At the end of 2018, in a distinct Damac development, another Trump World Golf Course, strategized by Tiger Woods, is scheduled to be opened. Mr. Sajwani is optimistic of working together with Donald Trump’s organization to grow their real estate business as well as develop magnificent living properties.

 

Sajwani’s Big-heartedness

The DAMAC owner gave out a cheque of 2 AED million towards a campaign to clothe a million needy children across the world. He believes that children are the face of tomorrow. He has continued to fund the government in her effort of ensuring healthier living standard all over the world.

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